Security & Fraud
FTC Warns Of Telemarketer Scam Coming From Jamaica
May 12, 2017

The Federal Trade Commission issued an alert on Thursday (May 11) warning consumers that fraudulent telemarketers based in Jamaica are targeting consumers in the U.S., telling them they won a sweepstake or a foreign lottery in an effort to get people to part with some...

Banking
Wells Investors Disappointed By Wells’ Soft Revenue Outlook
May 12, 2017

Scandal has its costs — and as Wells Fargo shareholders learned this week at investor day, those costs can be steep and ongoing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Mobile Applications
Drizly Adds San Antonio And Houston To Its Alcohol Delivery Roster
May 12, 2017

The juices are flowing over at on-demand alcohol delivery app Drizly deep in the South. The startup just announced it will be expanding its market into both San Antonio and Houston. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
Sun Basket Raises $9 Million In VC Funding To Boost Marketing
May 12, 2017

Sun Basket, the meal kit startup company that is focused on healthy recipes and organic ingredients, raised $9 million in venture funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Personnel
AEVI Announces New CEO
May 12, 2017

AEVI announced in a press release that Nelson Holzner has been named its new CEO. In his new role, which started on May 1, Nelson will leverage his vast knowledge of the payments and startup landscape to take the company to the next level. Get the...

Retail
Wall Street Plummets Amid Retail Worries
May 12, 2017

Stocks: You mean they go down, too?!? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree...

Bitcoin
Bitcoin Climbs Above $1,800
May 12, 2017

Bitcoin’s growing just about as fast as we can write about it — as are a number of other cryptocurrencies, for that matter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Merchant Innovation
Uber’s Long Haul Trucking Push Is Picking Up Speed
May 12, 2017

As part of its longstanding efforts to jump into the world of long haul trucking, reports are emerging that Uber snapped up the talent team behind Chicago transportation brokerage firm 4Front Logistics last fall. Get the Full Story Complete the form to unlock this article and...

Facebook
Stolen Card And Loyalty Credentials For Sale On Facebook Says LFPA
May 12, 2017

The newly formed Loyalty Fraud Prevention Association (LFPA), launched in September of last year, has made a bold claim in its latest release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...